Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan - 2023

Contents:

1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan (CIF) - 2023
2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan (FOB) - 2022
3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan
4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan (CIF) - 2023

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $279K per ton in November 2023, with an increase of 15% against the previous month. In general, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 439% month-to-month. Over the period under review, average import prices reached the maximum at $600K per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($1.9M per ton), while the price for the UK ($33,167 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan (FOB) - 2022

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $136,590 per ton, increasing by 23% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 53%. Over the period under review, the average export prices hit record highs at $196,499 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($994,818 per ton), while the average price for exports to Italy ($74,930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+53.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan

In 2022, imports of statuettes and other ornaments; of base metal plated with precious metals into Japan shrank markedly to 17 tons, with a decrease of -16% against the previous year's figure. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals rose markedly to $3.4M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Japan in 2022:

1. China (12.9 tons)
2. Thailand (1.2 tons)
3. Italy (1.1 tons)
4. United States (0.6 tons)
5. Taiwan (Chinese) (0.4 tons)
6. South Korea (0.4 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Japan

In 2022, exports of statuettes and other ornaments; of base metal plated with precious metals from Japan shrank to 3.1 tons, reducing by -7.9% against 2021 figures. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 37%.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals rose significantly to $420K in 2022. The total export value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Japan in 2022:

1. China (2404.0 kg)
2. Vietnam (206.0 kg)
3. Italy (129.0 kg)
4. New Zealand (94.0 kg)
5. Taiwan (Chinese) (73.0 kg)
6. South Korea (70.0 kg)

Source: IndexBox Market Intelligence Platform